>>shepard: thank you, congressman. mitt romney choosing to ignore the foam speaker and, instead, keep his eye on the present president. >> president took the reigns of general motor and chrysler and closed fact tries and laid off thousands and thousands to save the business, and we also have had an occasion to do things that are tough to try and send a business. >>neil: is it a good strategy? my guest says so far so good. >>guest: one of the stronger arguments he has made pointing out the president had to do this in the past but i am not sure making the equivalent is the right way because in the end what did president obama do and he ran capital investment firm with our taxpayer money and did it badly and is in the habit of investing in struggling companies or companies that have never shown potential to succeed with money that is not his, that is not private, that is taxpayer money, and he gets very few jobs created and usually jobs lost with g.m. and solyndra. and no run for investors which would be the shareholders,

>>shepard: thank you very much, many new year. well, with better news for jobs today is herman cain worried that is going to help the president keep his job tomorrow? herman is here. [ male annouer ] juice drink too watery? ♪ feel the power my young friend. mmm! [ male announcer ] for unsurpassed fru and veggie nutrition... v8 v-fusion. could've had a v8. >>neil: and the chevrolet volt sales are not on fire ... g.m. is recalling every single one. and now we have the fiery details. >>reporter: g.m. says if you own a volt take it to the dealer because they have a fix to better protect the batteries which caught fire after crash tests. 8,000 volts are on the road and 4,400 in the lot for sale and the retears fall under a service campaign similar to a safety recall but this allows g. to avoid the bad publicity after three volt batteries caught fire following side impact crash tests done by federal safety regulators last year. and this fix involves dealers adding steel to a plate that protects the volt battery spreading the force of

that's it for "studio b" with shepard smith. i'll be back for the "fox report" tonight. two days of dow to far in the new year, each a positive day. speaking of positive, your man cavuto is up next. >> the people of iowa spoke with a very clear voice. so i have decided to stand aside. >> neil: bye-bye bachmann, hello rick. the texas governor says he's in. the former pennsylvania senator is going all out. welcome, everybody, i'm neil cavuto. rick santorum ready to go mano-a-mano with mitt romney. santorum's poll numbers in south carolina look better and a chance for a nasty ad war look good, or should i say bad. aides for santorum say he's about to find out what happens to those who soar. rick perry ace rise reversed when ron paul tied him to al gore. romney pounded his ties to freddie mac. what do you think, buddy? >> neil, i think he's going to go after earmarks, something that santorum got hit on but no one noticed because santorum was in the single digits. earmarks, government spending. >> neil: bob, you're an encyclopedia. you have defended the earmark process in the

>>shepard: i know that feeling. neil cavuto now. >>neil: rip it up, the slit is in, stick a form in it, these two are toast. not talking about heide and seal but the broker and barrack, william, everyone, i am neil cavuto and it continues out breaking up is not so hard to do if you are a financial kingpin who has grown tired of being abused by a political kingpin. >> we will not go back to an economy weakened by outsourcing, bad debt, and 15 -- phone any financial promises. i will not go back to the days when wall street played by its own set of rules. >>neil: not feeling the love. anyway, unlike seal who says he is still trying to patch things up the president is moving on, and while for heidi, there is a chance, wall street, not so were because the divorce is looking final. money matcher is more than happy to move on. >>guest: i thought it was like an internet marriage, for rebound to suddenly turn around and embrace capitalism, there only had to be one reason, because wall street sent almost $16 million to his coffers in the 2008

>>shepard: thank you, larrys happy new year. >> we are starting to rebound and we have made real progress. now is not the team to step. >>neil: obviously the president says the economy is on track, and putting him on track to another win? and my guest says he is only halfway through but it is an impressive halfway, right, and he is a little bit tougher to beat? >>guest: well, a little bit tougher. it is january. the election is in november. >>neil: wait, wait, wait, wait, wait, wait, wait a minute, the election is in november, it is january. here is what i am saying, i understand, but, say you get den more of the reports steady growth and unemployment coming down, bit by bit, that is a dream strategy, right? >>guest: of course, if it happens. when we thing we have turned a corner there has been another corner. so, maybe this is the real things maybe it isn't. i can remember false, slow, uninspired recoveries like the one, for example, in 1992, that wasn't enough to re-elect george h.w. bush and i can also remember --. >>neil: in that we had a recovery and the economists said at the time i

>>shepard: could the solutions for florida republicans, already have their solution this office? >> my guest wants to make the sunshine brighter to business in 2012 and the c.e.o. legend jack welch says the governor has the right idea and the right add tuesday and now, joining me now from jupiter, florida. jack, always good to have you. >>guest: neil, how are you? >>neil: the governor, people forget they talk about ten percent unemployment but he has brought it down two points and obviously cutting it is a tough decision, he suffered in the polls are for it. what do you think of that approach? >>guest: well, he is coming back, i think the polls are coming up but more importantly he is setting a tone here, come to florida we will make life easier, create jobs and i will incentivize to you do these things rather than have a squadron trying to penalize you. >>neil: if that approach gets heard? a friendly overture rather than with all respect to my previous guest, a presumed slap in the face. i don't know if that ... is accurate but it certainly reeks of being unfair? >>guest: withou

>>shepard: the dow is up and neil cavuto will give us context on that if a meant. there we go, nice job. the dow is up 100, a little bit of time to get up a little more and neil cavuto is come willing. see you tonight. have a great day. >>neil: occupiers embracing violence and democrats stop embracing the occupiers? welcome, everyone, i am neil cavuto. capitol hill police trying to track done the person or persons would throughout a smoke bomb over the white house fence last for it during an occupy protest. president and first lady were not at home but so far, no arrests. yet. all this as house minority leader by lows is distancing herself from the occupy movement. >> opposed to the tea party which was practically a holy owned subsidiary of the republican party we don't have much of a connection with the occupies. >>neil: but wasn't this the same nancy pelosi would said this a little while ago? >> god bless them for their spontaneity. we must give that 99 percent a stronger voice. it is young. it is spontaneous. we have to move forward to empower the 99 percent. it